Orrstown Financial (ORRF) EVP receives new restricted stock and RSU awards

Rhea-AI Filing Summary

Orrstown Financial Services EVP Joshua D. Hocker received new equity awards in the form of restricted stock and restricted stock units. On the award date, he acquired 1,385 shares of restricted common stock at no cash cost, with various vesting dates over the next three years.

He also received 1,384 restricted stock units that vest three years after the grant date based on pre-established company performance criteria. Following these awards, his directly held common stock position reported in the filing was 3,065 shares.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Hocker Joshua D

Role EVP, Market President

Type	Security	Shares	Price	Value
Grant/Award	Orrstown Financial Services, Inc. Common, Restricted Stock	1,385	$0.00	--
Grant/Award	Orrstown Financial Services, Inc., Common, Rest. Stock. Unt.	1,384	$0.00	--
holding	Orrstown Financial Services, Inc, Common Stock	--	--	--

Holdings After Transaction: Orrstown Financial Services, Inc. Common, Restricted Stock — 2,114 shares (Direct); Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. — 1,384 shares (Direct); Orrstown Financial Services, Inc, Common Stock — 3,065 shares (Direct)

Footnotes (1)

1. Restricted stock with various vesting dates over the next 3 years. Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hocker Joshua D

(Last) (First) (Middle)

4750 LINDLE ROAD

(Street)

HARRISBURG PA 17111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ORRSTOWN FINANCIAL SERVICES INC [ ORRF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Market President

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Orrstown Financial Services, Inc. Common, Restricted Stock	02/17/2026		A		1,385	A	$0	2,114(1)	D
Orrstown Financial Services, Inc., Common, Rest. Stock. Unt.	02/17/2026		A		1,384	A	$0	1,384(2)	D
Orrstown Financial Services, Inc, Common Stock								3,065	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted stock with various vesting dates over the next 3 years.

2. Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria.

Remarks:

	/s/ Casara I Kieffer as P.O.A.	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did ORRF executive Joshua D. Hocker report in this Form 4?

Joshua D. Hocker reported receiving equity awards of restricted stock and restricted stock units. He acquired 1,385 restricted common shares and 1,384 restricted stock units at no cash cost, updating his direct ownership position and reflecting ongoing equity-based compensation from Orrstown Financial Services.

How many ORRF restricted shares did Joshua D. Hocker receive?

He received 1,385 shares of Orrstown Financial restricted common stock. These shares are subject to vesting schedules over the next three years, meaning they become fully owned gradually rather than immediately, aligning the executive’s compensation with longer-term company performance and retention goals.

What are the terms of Joshua D. Hocker’s restricted stock units at ORRF?

He was granted 1,384 restricted stock units that vest three years after the award date. Vesting depends on pre-established company performance criteria, so the final benefit to Hocker will reflect how Orrstown Financial performs against those defined performance targets during the vesting period.

Did Joshua D. Hocker buy ORRF shares on the open market?

No open-market purchase was reported; the filing shows equity awards granted at a price of zero. These are compensation-related grants of restricted stock and restricted stock units, not discretionary market purchases, and are structured with multi-year vesting and performance conditions.

How many ORRF common shares does Joshua D. Hocker directly hold after these awards?

After the reported transactions, his directly held Orrstown Financial common stock position was 3,065 shares. This figure reflects his updated direct ownership as of the transaction date, separate from the additional restricted stock and restricted stock units that vest over future periods.